Loan Programs

FHA

• Great product for everyone, especially First Time Home Buyers.
• Flexible credit requirements
• Gift funds for down payment and closing cost permitted
• Low monthly mortgage
• Sponsored by the Federal Housing Administration

VA

• For Veterans and Veteran with spouse
• Flexible credit requirements
• Guaranteed by U.S. Dept. of Veterans Affairs

USDA Rural Housing

• Special product for specific areas and income limits
• Flexible credit allowed
• No monthly mortgage insurance

Conventional

• Any mortgage other than FHA, VA or USDA Rural Housing
• Follows the guidelines of Fannie Mae and Freddie Mac
• Financing for Primary Homes, Second Homes and Investment properties

Jumbo Products

• For higher loan amounts
• Designed for the well qualified borrower
• Financing for Primary Homes, Second Homes and Investment properties

Reverse Mortgages

• For borrowers 62 years and older
• Qualifying is based on equity in the property, not credit or income
• Seniors will not lose their home for non-payment as there are no payments to be made